Centene guides 2024 adjusted EPS >$6.70, raises buyback by $4B

CENTENE CORP

2024 adjusted diluted EPS guidance of greater than $6.70; GAAP diluted EPS greater than $5.61.
2024 total revenues $142.5B-$145.5B; premium/service revenues $132B-$135B.
Board authorizes $4.0B increase to stock repurchase program; $5.23B total available.
Reaffirms 2023 adjusted diluted EPS guidance of at least $6.60; Q4 earnings Feb 6, 2024.
2024 HBR guidance 87.3%-87.9%; SG&A expense ratio 8.4%-9.0%.

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